Real Estate Appreciation for Baton Rouge, Lousiana: + 49.11%
Appreciation for MSAs:.
Before we disect the appreciation within the MSA for this period, lets consider how Baton Rouge, Lousiana did compared to the state as a whole.
The Baton Rouge, Lousiana MSA property value change was + 49.11% (+ 4.91% yearly).
All of the property in LA averaged + 58.79% change in value (+ 5.88% yearly).
Baton-Rouge-LA
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2001-2004 Quarterly Detailed Appreciation
1998-2001 Quarterly Detailed Appreciation
1995-1998 Quarterly Detailed Appreciation
There are a lot of ways to use the appreciation data for Baton Rouge, Lousiana .
Lets look at Springfield, Lousiana, a city located in Baton Rouge, Lousiana MSA.
Appreciation is an important factor in flipping properties. If appreciation rates are good this area may be prime for fixing up and flipping houses. If you need information on Hard Money Rehab Loans in Springfield, Lousiana check out Spec-Loan.com
If you were going to do a Springfield, Lousiana Refinance, or Springfield, Lousiana Reverse Mortgages, you could estimate your home value.
If you knew your Springfield, Lousiana home was worth $99,000.00 in 1995, you could multiply by + 49.11%, add the gain and see the home should be worth $147,618.90 in 2004. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Baton-Rouge-LA from 1995 to 2004:
+ 4.91%
Appreciation Comparisons
Here are a some MSAs that didn't do so well, this can give you an idea of a worst case scenario:.
- Midland-TX lost - 22.05% from 1984 thru 1993
- Lafayette-LA lost - 21.25% from 1983 thru 1992
Zip Code in MSA: 70462 - SPRINGFIELD, LA
MSA Pop: 722646Zip Pop: 4408
Avg Value: 68000
County: LIVINGSTON
Elev: 44
Region: South
Lat: 30.384236
Long: -90.573202